Tag Archives: ISM

September U.S. Employment, ISM Non-MF, August International Trade

Solid Economic Data Supports Stabilizing Stock Market, Decoupling, Fedspeak The September Payroll Employment Survey showed a gain of 248,000 jobs. July and August revised up. The Unemployment Rate for September dropped to 5.9 percent. The ISM Non-Manufacturing Index for September … Continue reading

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September ADP Employment, ISM-MF Index, August Construction Spending

Solid Q3 Data Keeps the Fed on Track for Policy Pivot The September ADP Employment Report showed a solid gain of 213,000 private-sector jobs. The ISM-Manufacturing Index for September fell to a still-positive 56.6, indicating improving conditions. Total Construction Spending … Continue reading

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August ADP Employment, Auto Sales, ISM Non-MF, UI Claims, July Trade, ECB

Late Summer U.S. Data Sizzles, Draghi Doubles Down The August ADP Employment Report showed an increase of 204,000 private-sector jobs. Auto Sales for August geared up to a 17.5 million unit annual rate. The ISM Non-Manufacturing Index increased to 59.6 … Continue reading

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June International Trade, July ISM Non-MF, Mortgage Apps

U.S. Economic Data Continues a Strong Run The U.S. International Trade Gap narrowed to -$41.5 billion in June, adding to Q2 GDP. The ISM Non-Manufacturing Index advanced to 58.7 in June, its best reading ever, since 2008. The Composite Index … Continue reading

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June U.S. Employment, May International Trade

Robust Job Growth Signals Ongoing Expansion for U.S. Economy The June Payroll Employment Survey showed a gain of 288,000 jobs. April and May were revised up. The Unemployment Rate for June fell to 6.1 percent. Average Hourly Earnings increased by … Continue reading

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June ISM Manufacturing, May Pending Home Sales, Construction Spending

U.S. Manufacturing Logs Another Strong Month, Europe Not So Much The ISM Manufacturing Index for June ticked down to a still-strong 55.3 percent. The Pending Home Sales Index for May increased by 6.1 percent. May Construction Spending increased by 0.1 … Continue reading

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May ADP Employment, ISM Surveys, Auto Sales, April International Trade

Mixed Bag of Data Mostly Positive, Consistent With Ongoing Moderate Expansion The ADP Employment Report for May showed a moderate increase of 179,000 private-sector jobs. The ISM Manufacturing Index for May improved to 55.4 percent, indicative of healthy conditions. The … Continue reading

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Yellen Testimony, Q1 Productivity, April ISM-NMF, March Trade

No Surprises from Yellen Testimony, Eyes on HousingĀ  FOMC Chairwoman Janet Yellen delivered reassuring testimony before the Joint Economic Committee. U.S. Nonfarm Productivity declined at a 1.7 percent annual rate in the first quarter of 2014. Unit Labor Costs increased … Continue reading

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Comerica Economic Weekly

True to form, March came in like a lion and went out like a lamb, at least in terms of economic data. Now we get to see whether or not April is in fact the cruelest month. So far, it … Continue reading

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January Income and Spending, Construction Spending, Feb. ISM MF

Government Programs Support Income. Heating Bills Support Spending. U.S. Personal Income increased by 0.3 percent in January, driven by special factors. After accounting for inflation and taxes, Real Disposable Personal Income also gained 0.3 percent. Real Personal Consumption Expenditures were … Continue reading

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